Financial
Distress signals
Property profile

242 Hillside Ave Needham, MA 02494

OFF-MARKET
Investment properties
Property ID
US38-1433716
1,562 SF 0.41 ac lot Built 1940
Last sale Aug 2024 · $1,825,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2024$790k
Assessed land$504k
Assessed improvement$286k

Value estimate

· Sep 2026
$1.83M
$1.64M – $2.01M
AI approach$1.83M

Realmo valuation models over county records and 25 qualifying comparable sales.

Recently sold

What actually traded nearby?
$256/SF
County average, outlier-cleaned · 340 recorded sales of this use type
Observed band · Q1–Q3$152 – $399
Qualifying comparables25

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
HA
JurisdictionNEEDHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon13.1
Nail Salon11.6
Parking Facility9.8

Location

242 Hillside Ave Needham, MA 02494-1367
County assessor Recorded deeds · 1 transfer 25 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
100 Ww, Needham, MA 02494-1380 $40,000,000 Jan 2026 160,742 SF
52 Highland, Needham, MA 02494-3004 $1,300,000 Mar 2025 6,220 SF
53 4th, Needham, MA 02494 $18,500,000 Dec 2021 53,688 SF
230 Hillside, Needham, MA 02494-1375 $875,000 Mar 2020 1,910 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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